USD/JPY Heads for Breakout: Key Resistance at 158, Vital Support Holds Near 154
USD/JPY is trading between key levels with resistance near 158 and support around 154 holding firm. Technical indicators suggest bullish momentum remains intact amid consolidation. Watch for a breakout above 158 for potential gains toward 160, while a drop below 154 could signal a deeper pullback. Fundamental data from the US supports dollar strength, keeping the pair in focus for traders. #Forex #USDJPY #TradingInsights
